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Although i have correct answers but plz solve it step wise. Question 8 Belden preferred stock will pay a constant $2.8 into the future. If

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Although i have correct answers but plz solve it step wise.

Question 8 Belden preferred stock will pay a constant $2.8 into the future. If the risk of such preferred stock requires a discount rate of 3.9% what should be Belden's estimated price? Correct Answer: 71.79 +0.05 Question 9 O out of 8 points Estimate the cost of debt for the Eureka Company, which has a corporate tax rate of 15%, that just issued a bond with maturity of ten years priced at par with an annual coupon rate of 5%. 4.25 +0.05 Correct Answer: | Question 10 O out of 8 points Compute the Quincy Company cost of preferred stock when it plans to sell preferred shared with a floatation cost of 6% at a price of $68 per share. These shares will have dividends of $6. Correct Answer: 9.39 +0.05

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